In the last trading session, 31.74 million shares of the Tilray Brands Inc (NASDAQ:TLRY) were traded, and its beta was 1.85. Most recently the company’s share price was $0.38, and it changed around -$0.04 or -9.07% from the last close, which brings the market valuation of the company to $394.01M. TLRY currently trades at a discount to its 52-week high of $2.15, offering almost -465.79% off that amount. The share price’s 52-week low was $0.37, which indicates that the current value has risen by an impressive 2.63% since then. We note from Tilray Brands Inc’s average daily trading volume that its 10-day average is 26.6 million shares, with the 3-month average coming to 25.83 million.
Tilray Brands Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.09. If we narrow it down even further, the data shows that 0 out of 13 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 9 recommended TLRY as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight.
Tilray Brands Inc (NASDAQ:TLRY) trade information
Instantly TLRY has showed a red trend with a performance of -9.07% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.4600 on recent trading dayincreased the stock’s daily price by 17.39%. The company’s shares are currently down -71.11% year-to-date, but still down -8.46% over the last five days. On the other hand, Tilray Brands Inc (NASDAQ:TLRY) is -22.38% down in the 30-day period. We can see from the shorts that 183.88 million shares have been sold at a short interest cover period of 8.67 day(s).
The consensus price target as assigned by Wall Street analysts is $5.26, which translates to bulls needing to increase their stock price by 92.78% from its current value. Analyst projections state that TLRY is forecast to be at a low of $2 and a high of $19.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 36.51%. Tilray Brands Inc earnings are expected to increase by -288.86% in 2025, but the outlook is positive 48.91% per year for the next five years.
TLRY Dividends
Tilray Brands Inc’s next quarterly earnings report is expected to be released on 2025-Apr-07.
Tilray Brands Inc (NASDAQ:TLRY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.69% of Tilray Brands Inc shares, and 10.10% of them are in the hands of institutional investors. The stock currently has a share float of 10.17%. Tilray Brands Inc stock is held by 402.0 institutions, with TOROSO INVESTMENTS, LLC being the largest institutional investor. By 2024-06-30, it held 1.3875% of the shares, which is about 11.01 million shares worth $18.28 million.
SUSQUEHANNA INTERNATIONAL GROUP, LLP, with 1.0564% or 8.38 million shares worth $13.92 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
